Gokak Textiles Ltd
Incorporated in 2007, Gokak Textiles Limited is engaged in manufacturing of yarns, fabrics, etc. and generation of hydro power
- Market Cap ₹ 71.5 Cr.
- Current Price ₹ 110
- High / Low ₹ 276 / 59.7
- Stock P/E
- Book Value ₹ -85.5
- Dividend Yield 0.00 %
- ROCE -0.21 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.87% over past five years.
- Contingent liabilities of Rs.102 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textiles - Cotton/Blended
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Sep 2014 | Sep 2015 | Mar 2016 6m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 348 | 330 | 102 | 83 | 177 | 179 | 103 | 111 | 126 | 116 | 131 | 98 | |
| 336 | 336 | 114 | 101 | 188 | 190 | 128 | 123 | 134 | 101 | 116 | 84 | |
| Operating Profit | 12 | -6 | -13 | -18 | -11 | -11 | -25 | -12 | -8 | 15 | 15 | 15 |
| OPM % | 4% | -2% | -13% | -21% | -6% | -6% | -24% | -11% | -6% | 13% | 11% | 15% |
| 2 | 3 | 4 | 13 | 3 | 8 | 5 | 2 | 4 | 6 | 12 | -7 | |
| Interest | 34 | 32 | 15 | 26 | 23 | 22 | 20 | 21 | 22 | 30 | 26 | 30 |
| Depreciation | 12 | 9 | 4 | 8 | 8 | 7 | 7 | 7 | 6 | 21 | 21 | 20 |
| Profit before tax | -31 | -45 | -28 | -39 | -37 | -33 | -48 | -38 | -31 | -30 | -19 | -43 |
| Tax % | -7% | -3% | -7% | -20% | 25% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| -29 | -43 | -26 | -31 | -47 | -33 | -48 | -38 | -31 | -30 | -19 | -43 | |
| EPS in Rs | -39.70 | -59.62 | -37.82 | -46.87 | -58.38 | -47.02 | -68.52 | -52.48 | -44.37 | -46.93 | -23.48 | -68.38 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -12% |
| 5 Years: | -1% |
| 3 Years: | -8% |
| TTM: | -25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 6% |
| 3 Years: | -1% |
| TTM: | -36% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 42% |
| 3 Years: | 52% |
| 1 Year: | -42% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Sep 2014 | Sep 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | -50 | -90 | -78 | -50 | -181 | -211 | -256 | -290 | -319 | -73 | -23 | -62 |
| 236 | 254 | 230 | 194 | 321 | 327 | 364 | 379 | 404 | 323 | 268 | 295 | |
| 107 | 84 | 68 | 53 | 36 | 43 | 40 | 42 | 27 | 75 | 65 | 33 | |
| Total Liabilities | 300 | 254 | 226 | 203 | 182 | 166 | 155 | 138 | 120 | 331 | 317 | 272 |
| 137 | 128 | 122 | 114 | 107 | 100 | 93 | 86 | 79 | 282 | 256 | 238 | |
| CWIP | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 161 | 126 | 103 | 89 | 75 | 66 | 61 | 52 | 41 | 49 | 60 | 34 | |
| Total Assets | 300 | 254 | 226 | 203 | 182 | 166 | 155 | 138 | 120 | 331 | 317 | 272 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Sep 2014 | Sep 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20 | 35 | -16 | -3 | -7 | 3 | -16 | 2 | -7 | -13 | 13 | 43 | |
| -1 | 0 | 8 | 2 | 2 | 0 | 3 | 3 | 2 | 8 | 7 | 2 | |
| -19 | -15 | -4 | -6 | 5 | -4 | 16 | -5 | 4 | -10 | -16 | -49 | |
| Net Cash Flow | -0 | 20 | -13 | -6 | 0 | -1 | 3 | 0 | -1 | -15 | 4 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Sep 2014 | Sep 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 19 | 14 | 43 | 33 | 27 | 23 | 35 | 31 | 12 | 25 | 33 | 25 |
| Inventory Days | 167 | 73 | 217 | 221 | 85 | 74 | 108 | 100 | 74 | 109 | 73 | 115 |
| Days Payable | 122 | 77 | 153 | 151 | 58 | 88 | 151 | 174 | 87 | 135 | 97 | 228 |
| Cash Conversion Cycle | 64 | 10 | 107 | 103 | 54 | 9 | -7 | -43 | -1 | -2 | 9 | -88 |
| Working Capital Days | 13 | -32 | -82 | -138 | -47 | -11 | -40 | -29 | -15 | -151 | -129 | -74 |
| ROCE % | 1% | -6% | -9% | -9% | -10% | -8% | -27% | -19% | -14% | -2% | -1% | -0% |
Documents
Announcements
-
Appointment / Re-Appointment Of Secretarial, Internal And Cost Auditor
1d - Approved FY25 audited results with unmodified opinion; appointed secretarial, internal, cost auditors for FY26.
-
Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
1d - Revision of Insider Trading and Corporate Disclosure Code approved by Board.
-
Announcement Under Regulation 30 (LODR)-Code Of Conduct Under SEBI (PIT) Regulations, 2015
1d - Board approved revision of Insider Trading and Fair Disclosure Code, available on company website.
-
Board Meeting Outcome for Board Meeting Outcome For Outcome Of Board Meeting Held On May 23, 2025
1d - Approved FY25 audited results with unmodified opinion; appointed secretarial, internal, and cost auditors for FY26.
-
Financial Results For The Quarter And Financial Year Ended March 31, 2025
1d - Approved FY25 audited results with unmodified opinion; appointed secretarial, internal, and cost auditors for FY26.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Overview[1]
GTL was incorporated in 2007, after a scheme of demerger the textile arm of Forbes Gokak Limited (FGL) into a separate company. GTL has two units—a spinning mill at Gokak Falls (Karnataka) and a garment-manufacturing unit in Belgaum district of Karnataka. The spinning mill has a capacity of 69,792 spindles and other value-added yarns apart from small volumes of readymade items such as cotton canvas and terry towels. The Belgaum unit specializes in readymade knitted garments including combed polo and T-shirts for the export markets.
Power Generation Business[1]
In 2012, the company hived off its power-generation business under a subsidiary named Gokak Power & Energy Limited (GPEL). While GTL holds a 51% stake in GPEL, the remaining 49% is held by Shapoorji Pallonji Infrastructure Capital Company Private Limited. The power generated by GPEL is primarily used by GTL for its spinning unit.